2024 wage data from the Bureau of Labor Statistics
Economics Teachers, Postsecondary is a high-paying occupation in Chicago, IL-IN-WI, with a median annual salary of $124,770. Economics Teachers, Postsecondarys in Chicago, IL-IN-WI earn $4,790 more (4%) than the national median of $119,980. There is significant earning potential — top earners make 3.
Economics Teachers, Postsecondarys in Chicago, IL-IN-WI earn $4,790 more (4%) than the national median of $119,980.
Only 330 Economics Teachers, Postsecondarys work in Chicago, IL-IN-WI. Consider nearby metro areas for more opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Chicago, IL-IN-WI's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $61,890 | $5,158 |
| 25th Percentile | $80,870 | $6,739 |
| Median | $124,770 | $10,398 |
| 75th Percentile | $153,590 | $12,799 |
| 90th Percentile | $202,840 | $16,903 |
| Mean (Average) | $124,940 | $10,412 |
| Metro Area | Median Salary |
|---|---|
| Riverside-San Bernardino-Ontario, CA | $186,670 |
| Austin-Round Rock-Georgetown, TX | $162,440 |
| Boston-Cambridge-Nashua, MA-NH | $162,050 |
| New York-Newark-Jersey City, NY-NJ-PA | $157,180 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $155,870 |
| San Jose-Sunnyvale-Santa Clara, CA | $153,130 |
| San Francisco-Oakland-Berkeley, CA | $145,190 |
| Raleigh-Cary, NC | $133,600 |
| San Diego-Chula Vista-Carlsbad, CA | $133,230 |
| Los Angeles-Long Beach-Anaheim, CA | $132,130 |
| Occupation | Median Salary |
|---|---|
| Family Medicine Physicians | $182,830 |
| Lawyers | $166,090 |
| Financial Managers | $164,470 |
| Natural Sciences Managers | $161,340 |
| Architectural and Engineering Managers | $159,110 |
| Marketing Managers | $158,800 |
| Judges, Magistrate Judges, and Magistrates | $141,740 |
| Computer Network Architects | $140,760 |
| Human Resources Managers | $137,760 |
| Managers, All Other | $137,040 |
Estimate your after-tax income. Compare your real purchasing power across different states and salary levels.
Annual Take-Home
$95,742
Monthly
$7,978
Bi-Weekly
$3,682
Effective Tax Rate
23.3%
* Estimate only. Does not include local taxes, deductions, or credits. Need help with your finances? Consider consulting a certified financial planner or exploring high-yield savings accounts to maximize your take-home pay.
Data verified March 2026 · Source: Bureau of Labor Statistics
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Considering a move for this role? Compare cost of living in Chicago, IL-IN-WIto make an informed decision. Don't forget to factor in moving costs, renters insurance, and state income tax differences when evaluating your total compensation package.